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Breaks for the rich break the backs of the common man

Posted: July 24, 2011 - 11:01pm

Savannah

TAX BREAKS DON’T CREATE JOBS

Corporations, making record-breaking profits, have been enjoying tax beaks for over 10 years. The jobless rate has continued to rise during this same period of time. More jobs have gone overseas, and automation has eliminated jobs at an increasing rate. Therefore, there is no evidence that giving tax breaks to big business results in job creation or increased employment. Just the opposite.

Our wealthiest citizens have been enjoying tax breaks for the same 10-plus years, but our poor are getting poorer, and increasing in numbers. Look no further than Bluffton — the Self Help can barely keep up with the need. Therefore, there is no evidence that giving breaks to the rich means wealth will trickle down to the poor. Just the opposite.

What do Republicans and the Tea Party want to do? They are intent on continuing tax breaks for multi-billion dollar corporations and multi-millionaires. That is insanity, doing the same thing over and over expecting different results. They want to pay for this by cutting back critical supports for the poor, the elderly, and needy children. That is selfishness, greed, and callousness. Do the math. Breaks for the rich equals breaking the backs of the rest of us.